New partnership may boost local track
New capital partners may reinvigorated Lawrence County harness track and casino project,mbt calzado.
yet, The Pennsylvania Harness Racing Commission must bless the union between American Harness Tracks and its new financial backers before an application for a casino license can be submitted to the Pennsylvania Gaming Control Board.
Be doing that as quickly as possible, American Harness board chairman Chuck Long said thursday. Are aggressively pursuing all regulations and criteria to meet that goal.
A New Castle hawaiian for resident ), Long said he is not concerned by an announcement last week that Penn National Gaming officials plan to break ground this year for a thoroughbred racetrack and slots parlor in Austintown, oh, And predict full operation by 2014.
Although he would not estimate a amazing date or even when application will be made to the gaming board, Long rumoured, Reality of your position is this: we feel in our project and have great confidence in our ability to compete.
Long and his partners will proceed step at a time, He incorporated.
The go to of new money partners was made Thursday at the monthly meeting of the harness racing commission at Mohegan Sun at the Pocono Downs racetrack/casino.
Solicitor James Doherty said American Harness has entered a new partnership with investors known as Endeka delight.
The three main guidelines, All your Philadelphia area, Are edward Snider, ceo of Comcast; Peter DePaul together with DePaul Group, Which is involved in the work and property management; And brother Stamatakis,mbt precios, an insurance coverage executive.
Stamatakis had been an investor in the Foxwoods Casino project, A proposed standalone casino for Philadelphia. The project was opposed by local citizens and the gaming control board revoked the license last year.
Long said information about the new partners must be submitted to the harness board for approval.
He said plans are still being finalized for the harness racetrack and casino intended for Mahoning Township off Route 422 at Baird Road.
When the harness cut approved American Harness Tracks for the state final racing license last fall, Long taken into account, the corporation agreed to invest million at minimum to construct a facility.
Expect we will exceed that minimum investment dutie.
Lawrence county Commissioner Dan Vogler,mbt zapatos, Who attended thurs,this meeting, Said Doherty American Harness with its new partners to move ahead quickly and create a marquee destination for entertainment in Lawrence County.
Vogler said the money members accepted Doherty report without comment, But added that prior to thurs,this meeting, Long met in executive session together,相关的主题文章:
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